Last week’s wheat export sales pace was estimated at 11.8 MB. After 19 weeks, wheat sales were at 51% of USDA’s expectations vs. 63% last year. With 33 weeks left in wheat’s export marketing year, sales need to average 11.1 MB to make USDA’s projection of 750 MB.
Last week’s corn export sales pace was estimated at 44.2 MB. After 6 weeks, corn sales were at 25% of USDA’s expectations vs. 35% last year. With 46 weeks left in corn’s export marketing year, sales need to average 54.1 to make USDA’s projection of 3.300 BB.
Last week’s soybean export sales pace was estimated at 21.1 MB. After 6 weeks, soybean sales were at 51% of USDA’s expectations vs. 33% last year. With 46 weeks left in soybeans’ export marketing year, sales need to average 18.2 MB to make USDA’s projection of 1.695 BB.
